Overview
QUASH.ai is a leading AI-driven platform based in Miami, Florida, committed to revolutionizing credit services for financial institutions. Founded in 2019 by Yoel Gavlovski, the company excels in utilizing alternative data and cutting-edge machine learning technology to enhance credit approval processes. It strives to increase credit acceptance rates while mitigating risks via its proprietary solutions, focusing primarily on Latin American markets.
Key Features
- CREDVERTISING™ Platform: Central to QUASH.ai’s offerings, this platform aids financial institutions in identifying reliable borrowers, potentially increasing lending acceptance by up to 40%.
- Alternative Data Catalog: Features over 700 variables to enrich borrower profiles, improving the decision-making process for providing competitive financial products.
- Real-Time Insights via Advanced Analytics: Enables clients to gain insights into credit portfolio performance, set goals, measure outcomes, and predict borrower behavior with greater accuracy.
Leadership
- Yoel Gavlovski: Founder and CEO, leveraging finance and tech expertise to lead QUASH.ai through phases of significant growth, including strategic funding and expansion throughout Latin America.
- Diego Santiago: Chief Strategy & Operations Officer, focuses on strategic initiatives and operational excellence.
- Jacky Koenig: Director with extensive experience in AI and FinTech innovations.
- Andres Pina: Director of Operations, oversees daily operations and process improvements.
- Dennis Joseph: Director of Marketing, spearheading marketing strategies and brand growth.
- Rubén Breton: Global Commercial Director, manages international client relationships and expansion.
- Esteban Barrientos: R&D Director, drives product development and innovation.
- Carlos Gonzalo: Business Partnerships Manager, responsible for establishing and maintaining strategic business partnerships.
- Samara Vieira: Operations Manager, ensures operational efficiencies.
- Alberto Cortiñas: Data Scientist, leads analytic projects and data-driven initiatives.
Financial Highlights
- Funding: In February 2023, QUASH.ai raised $3.7 million in a seed round supported by HTwenty, G2 Momentum, and Q Capital Venture Capital.
- Estimated Annual Revenue: Revenue estimates vary, ranging from $4.1 million to between $10M and $25M, with revenue per employee approximately $116,000.
- Employee Count: 35 employees with a noted decrease in employee growth by 5% over the past year.
Partnerships and Clientele
QUASH.ai's strategic partnerships and client relationships include a focus on the Latin American market, with 70% of its clientele within the region. The company aims to address a potential market size of $3.3 billion, leveraging strategic alliances to enhance its market reach.
Strategic Developments
Recent initiatives involve expanding services to 1,000 additional financial institutions and the development of advanced predictive analytics tools to revolutionize credit risk assessment. These efforts underscore its commitment to enhancing financial inclusion and improving credit decisioning processes in underserved markets.
Location
QUASH.ai is headquartered at WeWork Office Space & Coworking, 360 NW 27th St, Miami, FL 33127, United States.
Market Position and Competitors
QUASH.ai sets itself apart through its AI-driven decision engine that provides unique insights into client risk profiles and behavioral prediction. This focus on GenAI credit risk solutions allows it to meet the specific demands of financial institutions seeking advanced, real-time insights.
Competitors
1. CCG Analytics Solutions and Services: Generates $8.7M revenue with a workforce of 67 employees and a growth rate of 14%.
2. Farelogix: Acquired by Accelya, focuses on airline solutions with $27.3M revenue.
3. AgileThought: Leader in digital transformation services with a revenue of $265.1M.
4. LeanSwift: Specializes in eCommerce and mobile apps, with an $8.9M revenue.
5. Other competitors include 4th Source, SharedLABS, FieldEdge, iMethods, Telepathy Labs, and Simform.
